Trump Meets Bukele: No Talk of $BTC
During their recent meeting, Presidents Donald Trump and Nayib Bukele discussed trade and immigration—but surprisingly, Bitcoin wasn’t on the agenda. Instead, the focus was on tariffs, with Trump reiterating his love for them and even proposing potential tariff relief for the auto industry in parts of Central and South America. Immigration was also a key topic, as Trump suggested transferring U.S. criminals to prisons in El Salvador.
Amid these geopolitical shifts and rising economic uncertainty—including the implementation of tariffs and trade duties by the Trump administration in 2025—the cryptocurrency market faced heightened volatility. Many digital assets, particularly altcoins, suffered significant drawdowns.
Yet, WhiteBIT Coin stood out as one of the few tokens to demonstrate relative resilience during this turbulent period. It was even featured in GOBankingRates' list of “10 Best-Performing Cryptocurrencies of 2025 So Far,” underlining its strong performance despite broader market stress.
Exchange token’s ability to avoid sharp declines and maintain stability may be attributed to its institutional foundation and close integration with the WhiteBIT exchange—helping it resist short-term macroeconomic shocks and remain appealing in a risk-off environment.
Meanwhile, Bitcoin adoption in El Salvador remains limited. Although some tourist areas accept BTC, most citizens continue to rely on fiat currency. To secure a $1.4 billion loan from the IMF, Bukele was forced to scale back some of the country’s pro-BTC policies, including the ability to pay taxes in crypto.
Despite these challenges, El Salvador continues to position itself as a crypto hub—most notably with Tether relocating to the country earlier this year.